EX-11.1 6 l93984aex11-1.txt EXHIBIT 11.1 Exhibit 11.1 LANVISION SYSTEMS, INC. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
Fiscal Year ----------------------------------------- 2001 2000 1999 ----------- ----------- ----------- Net earnings (loss) $ 210,360 $ 20,893 $(3,247,073) =========== =========== =========== Average shares outstanding 8,889,586 8,862,974 8,827,055 Stock options: Total options 294,874 123,619 -- Assumed treasury stock buyback (110,740) (81,519) -- Warrants assumed converted -- -- -- Convertible redeemable preferred stock assumed converted -- -- -- ----------- ----------- ----------- Number of shares used in per common share computation 9,073,720 8,905,074 8,827,055 =========== =========== =========== Basic net earnings (loss) per share of common Stock $ .02 $ .00 $ (.37) =========== =========== =========== Diluted net earnings (loss) per share of common stock $ .02 $ .00 $ (.37) =========== =========== ===========
The diluted net (loss) per common share calculation, in fiscal 1999 excludes the effect of the Stock Options and Warrants, as the inclusion thereof would be antidilutive.